Real Takk Podcast

Pleased to have Kenny Burgos, the Chief Executive Officer of the New York Apartment Association (NYAA), on this episode.  NYAA owns & manages nearly 1M affordable housing units in the NYC metropolitan area, making Kenny the leader of the largest trade organization representing private multifamily building owners in the country.  

Kenny was born and raised in the Bronx. He graduated from Bronx High School of Science and was an eco major at SUNY Albany.  

Before heading up NYAA, Kenny was elected to represent the 85th Assembly District in the southeastern Bronx as a Democrat, the second youngest elected official in the state of NY.  

Kenny is also a podcast host himself. His “Housing New York with Kenny Burgos podcast” is a weekly NYAA production that recaps housing policy news, provides insider analysis, and discusses issues like rent stabilization, zoning, and real estate trends. The podcast covers topics such as the City of Yes plan, composting fines, scaffolding regulations, and the housing court backlog. I shall plug the podcast link in our show notes.  

Please follow Kenny at @kennyburgosny & NYAA @housingNY ON IG, and his presence on X may be followed at @kennyBurgosNY.

Join us for an insightful episode with Nico Moinian, a true connoisseur of New York City real estate. Nico, a Partner at Fortuna Realty Group, brings a wealth of knowledge and experience to the industry. Fortuna Realty Group is a private real estate investment firm in Manhattan that specializes in owning and operating a collection of independent boutique hotels, restaurants, and bars in some of the world's most sought-after locations.

In this episode, Nico shares captivating stories and historical insights about NYC's iconic buildings and lesser-known residential gems. With extensive expertise in securing development sites, building and operating hotels, and developing commercial and residential projects in Manhattan, Nico offers invaluable perspectives on the real estate landscape.

Nico resides on the Upper East Side with his wife, Alexa, and their three children. Don't miss the opportunity to learn from his experiences and insights. Follow him on Instagram at @nicomoinian for more updates.

Tune in and enjoy this engaging conversation!

I am pleased to have Tony on the wrap-up & prediction pod for 2024 and 2025.  Tony & I met at Compass several years ago, and I’ve come to know him as a smart, thoughtful, and opinionated real estate professional in NYC who brings a wealth of knowledge to our community & most importantly, his clients.  Tony was raised internationally and speaks five languages, attended Carnegie Mellon University, cold-called his way into his first job in NYC, and currently sits in the top ranks in NYC & in the nation in sales volume & transactions.  

Tony is a wealth of knowledge & brings some humbling & exciting news to those interested in his thoughts on the NYC & American real estate market in 2024 and his predictions of what will come in 2025.   I'm sure you will enjoy the dynamic conversations & thoughts from Tony so please give this a listen!  

It's an annual end-of-the-year tradition by wrapping up the 2024 year in business & real estate with our guest Sean Mcpeak of the Empire Collective Team at Serhant.  Sean had a productive year with his business partner being featured in the hit Netflix TV show Owning Manhattan, building up his team, and, of course, coming on my pod with his zingers, one-liners, trivia skills, and real estate knowledge to top it off.  

Sean & I met at Compass in June of 2014 and worked together for 3 years before moving to Halstead, eventually moving to Serhant as one of the founding agents.

Please give Sean & his team a follow on IG @sean_mcpeak & @empirecollective_ 

I welcome my friend Will Hardy to the Real Takk Podcast, where we discuss real estate, the state of the brokerage business, the hardships we face as real estate agents and brokers, the NAR Settlement, brokers going into politics, his story about biking across America through Georga to California, and what's working under the hood from business leadership. We also discuss the direction our industry is headed in 2025 and what markets we may open up in.  Please give him a follow at @williamaugustus & his LinkedIn here. 

I'm jumping on to quickly discuss my thoughts on the FARE Act, AKA the Fairness in Apartment Rentals Act. Who does it help? How does the bill affect the overall market? How does this impact mom-and-pop shop landlords? Does this bill positively impact the tenant community overall? Or just a small segment of renters?  

According to the bill's sponsor, the New York City Council is poised to pass a law that would allow most tenants to avoid paying thousands of dollars in broker fees when renting a home.

The proposed measure, which the Council could vote on as soon as Nov. 13, would shift broker fees to the party that hires the broker, which is nearly always the landlord. The Fairness in Apartment Rental Expenses, or FARE, Act now has 33 sponsors, seven more than the majority needed to pass in the 51-member Legislature.